Philip Morris International Inc. (PMI) Presents at the Consumer Analyst Group of New York (CAGNY) Conference

Wednesday, February 20, 2013

Philip Morris International Inc. (PMI) Presents at the Consumer Analyst Group of New York (CAGNY) Conference09:05 EST Wednesday, February 20, 2013
NEW YORK (Business Wire) -- Regulatory News:
Philip Morris International Inc.'s (NYSE / Paris Euronext: PM) Chief
Financial Officer, Jacek Olczak, addresses investors today at the CAGNY
Conference in Boca Raton, Florida.
The presentation and Q&A session are being webcast live, in a
listen-only mode, beginning at approximately 9:15 a.m. ET, at www.pmi.com.
An archived copy of the webcast, together with presentation remarks and
slides, will be available on the same site.
In addition to reviewing the company's solid 2012 performance and key
market dynamics, the presentation also focuses on:
Why PMI believes that the tobacco industry remains an attractive
investment;
The strategies that the company believes will enable it to outperform
the sector; and
The company's incremental growth opportunities
PMI also reaffirms its guidance, announced on February 7, for 2013
full-year reported diluted earnings per share to be in a range of $5.68
to $5.78, at exchange rates prevailing at that time, versus $5.17 in
2012. Excluding an unfavorable currency impact of approximately $0.06,
the reported diluted earnings per share range represents a projected
increase of 10% to 12% versus adjusted diluted earnings per share of
$5.22 in 2012. Currency volatility remains a risk going forward.
Adjusted diluted earnings per share of $5.22 in 2012 are calculated as
reported diluted earnings per share of $5.17, plus a $0.02 per share
charge related to discrete tax items, and a $0.03 per share charge
related to asset impairment and exit costs.
This guidance excludes the impact of potential future acquisitions,
unanticipated asset impairment and exit cost charges, and any unusual
events.
The presentation, related discussion and this release contain statements
that, to the extent they do not relate strictly to historical or current
facts, constitute "forward-looking statements" within the meaning of the
Safe Harbor Provisions of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements are based on current plans,
estimates and expectations, and are not guarantees of future
performance. They are based on management's expectations that involve a
number of business risks and uncertainties, any of which could cause
actual results to differ materially from those expressed in or implied
by the forward-looking statements.
The risks and uncertainties relating to the forward-looking statements
in the presentation, related discussion and this release include those
described under Item 1A. “Risk Factors” in PMI's Form 10-Q for the
quarter ended September 30, 2012, filed with the Securities and Exchange
Commission. PMI does not undertake to publicly update or revise any
forward-looking statements, except in the normal course of its public
disclosure obligations.
About Philip Morris International Inc.
Philip Morris International Inc. (PMI) is the leading international
tobacco company, with seven of the world's top 15 international brands,
including Marlboro, the number one cigarette brand worldwide.
PMI's products are sold in more than 180 markets. In 2012, the company
held an estimated 16.3% share of the total international cigarette
market outside of the U.S., or 28.8% excluding the People's Republic of
China and the U.S. For more information, see www.pmi.com.
Philip Morris International Inc.Investor RelationsNew
York: +1 (917) 663 2233Lausanne: +41 (0)58 242 4500orMedia:Lausanne:
+41 (0)58 242 4666

Restrictions

All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. Thomson Reuters is not liable for any errors or delays in Thomson Reuters content, or for any actions taken in reliance on such content. ‘Thomson Reuters’ and the Thomson Reuters logo are trademarks of Thomson Reuters and its affiliated companies.